The Globalization Myth: Why Regions Matter

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years

The conventional wisdom about globalization is wrong. Over the past forty years as companies, money, ideas, and people went abroad, they increasingly looked regionally rather than globally. O’Neil details this transformation and the rise of three major regional hubs in Asia, Europe, and North America. Current technological, demographic, and geopolitical trends look only to deepen ...